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with that country. the fact that they are such nurse. by the way. the idiots, the government officials. some of the best entrepreneurs in the world, but they are stuck because the government is absolutely out of its mind. by the wy, the mock up was the total fake. they showed this mock up. it was totally fake. melissa: we are out of time. the era of big government is over but it's not. it is getting bigger. what is in store for our future? tonight. [applause] >> my audience and i just watched the state of the union. once again i am freaked out. president says he will not increase the deficit but the government will consume more money and more of my freedo that is what i heard. with someone who respects the dignity of the individual, individual freedom if only ron paul would run for president. he is here. dr. paul why did you run for president? >> that is interesting had a dream that i did and i was doing very well and i won the primary in iowa and a look of the next morning and my name was never mentioned. i guess it was a dream but i thought about it. >> but you did get in the republican pr
! [splash!] the era of big government is over but it's not. it is getting bigger. what is in store for our future? tonight. [applause] >> my audience and i just watched the state of the union. once again i am freaked out. president says he will not increase the deficit but the government will consume more money and more of my freedom that is what i heard. with someone who respects the dignity of the individual, individual freedom if only ron paul would run for president. he is here. dr. paul why did you run for president? >> that is interesting had a dream that i did and i was doing very well and i won the primary in iowa and a look of the next morning and my name was never mentioned. i guess it was a dream but i thought about it. >> but you did get in the republican primary more than 2 million votes. >> deal is one to do better but i was very encouraged that is where i have become more optimistic i did watch the same "state of the union" message it is rather depressing but i will continue to go to college campuses. so many young people understand it is so different from when i got in that
's in your wallet? i usually say that. make america it energy independent. >> 1980. >> 1980 by. >> government fails. here is my favorite "state of the union." >> the big era of government is over. >> but it is getting bigger. what is in store for our future? tonight. [cheers and applause] in limited government with individual freedom if somebody like ron paul would run for president. he is here. dr. paul, why didn't you run aor president?i e >> i had a dream that i did. i had a dream i was doing very well and by one the primary in iowa and a lot of the next morning and watched tv but my name was never mentioned. it was a dream. maybe someday. john: you often we're ignored by many but you did get more than 2 million votes in the republican primaries.n >> i was pleased, you always d want to do better if i wasi wase encouraged by the young people that showed up that is where i became more optimistic. i did watch some of theour "state of the union" messageat tonight i did not come out very optimistic with that but this -- addressing. on college campuses there is bw reason to be optimistic. >> yo
industry, automobile industry, the public education and literally they're bankrupting government as well. they're only growing in government. unions account for about 36% of government workers. only 6% in the private work force. i tell you, the nerve of richard trumka and the unions to demand jobs. where do they get off with that? we have more government workers now than we had citizens of the countries founded in 1776 and so many of them have nothing to do with actually protecting individual rights. they're educators, library workers, researchers. they should be cut. we need to be cut. and unions need to take a back seat and actually put this country first for once. >> sequestration threatened some spending and unions say, hey, wait a minute. let's not go to sequestration. you might threaten some of our spending n guess what, mr. trumka is right. th is our country. god bless us. they're asking for more money? did you just see the debt clock, over $16 trillion, eric. this country is in trouble. the money is gone. they're asking for more, but guess what? they've got a president that's wil
the bomb. no, i hate the way the government is doing it, but i accept it for the next four years they're going to pile so much money into this area, this stock probably takes off big time. >> adam? >> i don't like going against charles when it comes to stock picking any of the time. but the one that i love the most here, charles, is first solar. i think solar is a great idea, but this company loses money and gets beaten up by the chinese. i would stay away. >> the chinese are kicked out of the market. they got those tariffs. >> details, details. dave is on now. >>> well, if at first you don't succeed -- >> today no area holds more promise than our investments in american energy. >> the president making new calls for more green spending. the same week a government report revealing some major misuse in a green grant. 150 million taxpayer dollars going to electric battery company where inspectors found employees playing video games, card games, cards, working at animal shelters, all while on the clock. and the only batteries they're building, so far they're in south korea. we keep hearin
the current minimum wage that the fed, federal government outlines has higher unemployment than those states with lower minimum wage. look, it's simple economics, something which this current administration doesn't understand. when you raise the cost of labor, you have a surplus of labor, that's true in comments, stocks, whatever. when you have a surplus of labor, what do you have, brenda? you have higher unemployment and simple as that, this administration doesn't understand. >> so what do you think of that, caroline, would this help or hurt unemployment if we just got rid of the minimum wage? >> well, i think that would be a terrible idea and i disagree with gary b. actually those studies have experienced-- that's a relationship, other variables causing those differences because two decades of rigorous research indicate he when you do it in a planful way and mild way and raise the minimum wage that it has a positive efft on the local economy. positive effects in terms of lower training costs and turnover and less lost time at work and dedicated employees, so small businesses, mid size and
a change. we know it is not government. we know there is too much government already. we'll incentivize businesses and incentivize investment and take this country forward into more economic prosperity. i don't think that's what we're going to hear but that would certainly be a breath of fresh air for the american business community. neil: he will talk about the need for more revenue, the need more more taxes. enough already. we gave you that. we'll not give an inch more. are they right to take that stance? >> they have to take that stand. i think we're to the point we can't borrow anymore. we can't tax anymore. if we tax anymore, we have the highest corporate tax rate. most people that the are running subchapter-s corporations, small businesses are now paying close to 50% if you're in a state like california, new york, you're paying more than 50% in tax. the top 5% pay over 50% of the income tax revenue in this country. this has to stop. the president has to stop this. and i don't think, i think he understands government. i don't think he understands that a vigorous government requires
to break is a logjam with the republican, we have these things called branches of government for a reason, so no branch of power is seize government on its open for any reason. tomorrow night, what ran through with or without congress, message to president, just because you can't all ways get what you want is no reason to do whatever the heck you want, whether it is an executive order to slow climate change or push to use drones on american soil. whether americans like it or not, this is not a case of a president misreading an elect, this is a more dangerous case of a presiden misreading something? reality, all rise on the judge, time to stand down. >> how can i follow your else else when the 'is doing is chilling. he can kill the americans after years of litigation. neil: part and parcel of a large executive act story that goes unreported. >> yes, here is what an executive order is, a piece of paper directing someone who works for him in the executive branch, there are 3 million civilians, and 2.5 million military, he can tell those people how to do their jobs, period, he can't tell the
, nothing at night first posed should increase our deficit by a single dime, not a bigger government, but the smarter government. setting priorities and investing in broadbased growth. all this happening and about three hours from now, but no matter how it spends, spending is spending, and the federal government is racking up. the average length of president obama's previous addresses as one hour and five minutes and 21 seconds. think about it. the amount of time it takes the national debt to rack up just over $042 million extra. with more on this, former cbo director. welcome to the show. first off, your reaction to these comments he will make that he is not going to get us into any more debt trouble at all. do you believe that? >> he certainly is going to propose more spending which must mean he is going to depose more taxes if. this will be tax-and-spend. we have seen this before. gerri: well, says president obama's first state of the union back in 2010 federal debt is up 34%. our economy is growing slowly. debt is growing three times faster than our economy is expanding. what do
an aggressive state of the union address. it's been widely leaked. he will call for robust government involvement in the economy. more spending on education, infrastructure and green energy. pay for it with more taxes on the private sector and on the rich. the president says the government can rebuild the middle class. on capitol hill there will be numerous standing ovations, but 80% thinks that the opportunity for the next generation is disappearing. more than half think the economy will never fully recover and just as the president demands more spending, he reports waste and fraud in the program is put in place. there you have it. the great divide. that's perhaps the true state of the union. stay right there, "varney & company" is about to begin with dr. ben carson. >> all right. everybody, the headline of this morning is dr. ben carson, the man who lectured president obama at the national prayer breakfast last week. he joins us right now. dr. carson, you've taken a leadership role whether you like it or not. what is your next move? are you going to stand for elective office? >> i
the reality is that revenues coming into the government of the lowest levels since president eisenhower. we have to bring in more revenue . okay. when we start with the revenues the euro. that's my "2 cents more." breezy. those people in congress. that's it for tonight's "the willis report." take your joining us. don't forget to record the show. we will see right back here tomorrow night. ♪ lou: good evening, everybody. the white house tonight denies that they intentionally lead to details of the president's proposal to overhaul the country's immigration system after being soundly blasted by congressional republicans for trying to kill the bipartisan immigration deal proposed by the so-called gang of eight. the center marco rubio, one of the republican leaders of that gain was unequivocal in announcing the president's intervention in what until this weekend has been a promising approach to new immigration legislation. this so-called leak of the president's plan was politically explosive. it may have ended the process. if actually propose to the president's bill would be dead on arrival in
economic policies, the government, free enterprise. here is how it stacked up. the president wants more government. he wants more government spending. on the list, universal pre-school, 50 billion dollars worth of road and bridge building, a green energy security trust fund. he said we could grow through government action and it will not raise the deficit one dime senator rubio responded with the exact opposite. free enterprise would result in prosperity for everyone and the senator, addressing president, i don't oppose your plan because i want to protect the rich. i oppose your plan because i want to protect my neighbors. election 2016 began last night. "varney & company" is about to begin and i tell you now stocks could hit a record high very could hit a record high very soon. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on sit now starting unit nine. some of the world's cleanest gas turbines are now powering some of am
smaller government, we are getting ready for much higher xes. is that really applying the buffett rule, which says that for people that make more than $2 million per year, they should pay at least a 30% effective tax rate. neil: so you heard it right there. pushing higher taxes. now this was that tax should fix the problem or maybe compound the problem. jonathan hoenig, we are so glad to see him and lizzie wickett mcdonald. >> over trillions of dollars of spending coming down the road over the next decade, this budget takes it in that regard. by the way come in, the rich can organize their own taxes. those that do the scorecard for congress. they routinely miss it year after year. we are $16 trillion in debt. i will tell you something that if you want government-funded green shoots, or you want to trillion companies overseas back home -- these guys miss it constantly in congress. always messing up from that perspective. >> i feel awkward tensions. >> india. i think you have to be very suspicious about government force. those demanding the product of your labor. that is always the democ
: is very good to see you, thank you so much for your insights. well, consider smaller government, we are getting ready for much higher taxes. is that really they say i'm a bad kid. or a charity case. a trouble maker. worthless. there are more than 3 million children in america's child protection and justice systems. kids who have been abused, neglected, traumatized. kids who act out. the worst cases you can imagine. they say i'm messed up. a drain on society. just a stupid mistake. for their safety and others, some of these children have to be removed from their homes. separated from their families. their at the mercy of an overwhelmed system. i don't think i'm a lost cause. i'm just a kid. youth villages believes that no child is a lost cause. not a single one. because a stable loving family can help any child succeed. and we have an 80% success rate that proves doing whatever it takes for children, is the only thing that works. if you agree, find out how you can help. at youth villages.org applying the buffett rule, which says that for people that make more than $2 million per year
smaller government, we are getting ready for much higher taxes. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trou
. neil: is very good to see you, thank you so much for your insights. well, consider smaller government, we are getting ready for much higher taxes. for much higher taxes. is that really this is $100,0. for much higher taxes. is that really we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. did you know not all fiber is the same? citrucel is different- it's the only fiber for regularity that won't cause excess gas. it's gentle and clinically proven to help restore and maintain regulity. look for citrucel today. applying the buffett rule, which says that for people that make more than $2 million per year, they should pay at least a 30% effective tax rate. neil: so you heard it right there. pushing higher taxes. now this was that tax should fix the problem or maybe compound the problem. jonathan hoenig, we are so glad to see him and lizzie wickett mcdonald.
smaller government, we are getting ready for much higher taxes. is that really smart the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the vture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, yoguys! and with double miles you can actually use, you never miss the fun. beard gring contest ango! ♪ i win! what's in wallet? applying the buffett rule, which says that for people that make more than $2 million per year, they should pay at least a 30% effective tax rate. neil: so you heard it right there. pushing higher taxes. now this was that tax should fix the problem or maybe compound the problem. jonathan hoenig, we are so glad to see him and lizzie wickett mcdonald. >> over trillions of dollars of spending coming down the road over the next decade, this budget takes it in that regard. by the way come in, the rich can organize their own taxes. those that do the scorecard for congress. they routine
for your insights. well, consider smaller government, we are getting ready for much higher taxes. ♪ [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you h heartburn. ♪ tum tum tum tum tums could lose tens of thousands of dollars on their 401(k) to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash, there's a couple of ways you could do it. ♪ ♪ or just go to e-trade and save it. boom. ♪ applying the buffett rule, which says that for people that make more than $2 million per year, they should pay at least a 30% effective tax rate. neil: so you heard it right there. pushing higher taxes. now this was that tax should fix the problem or maybe compound the problem. jonathan hoenig, we are so glad to see him and lizzie wickett mcdonald. >> over trillions of dollars of spending coming down the road over the next decade, this budget takes it in that regard. by the way come in, the rich can organize the
. president. it's what i do. the federal government with a shocking message telling them to call pilgrims illegal aliens. it is and obama administrative administrative effort. if you have trouble with that, wait until you actually see the program under way. as a were going to show you next. serbs ♪ lou: this is the most transparent administration in history. and i can document how that is the case. everything from every visitor that comes into the white house is now part of the public record. that is something that we changed. just about every law that we passed him every rule that we implement, we put on line for everybody there to see. lou: i have to say, and i think -- i'm asking you to just shared with me, if you will. in your secret arguments can you really wonder how he does that with a straight face? i mean, it's pretty impressive. i mean, impressive. the president there went on to argue in that, i don't know, hang out, whenever you call it a much argue that his administration handling of the terrorist attack was politicized and so not an example of a lack of transparency. wow. t
the facts. sorry, mr. president. it's what i do. the federal government with a shocking message telling them to call pilgrims illegal aliens. it is and obama administrative administrative effort. if you have trouble with that, wait until you actually see the program under way. as a were going to show you the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the vture card because you can fly any airline anytim two words. double miles! this guy can act. wanna play dodge rock? oh, yoguys! and with double miles you can actually use, you never miss the fun. beard gring contest ango! ♪ i win! what's in wallet? ♪ lou: this is the most transparent administration in history. and i can document how that is the case. everything from every visitor that comes into the white house is now part of the public record. that is something that we changed. just about every law that we passed him every rule that we implement, we put on line for everybody there to see. lou: i have to say,
will have full coverage. among the stories vice president by then declares the government has the power to decide what kind of guns citizens may own. we will examine the historic role in the obamacare obtain and chicago police show a worsening wave of crime and now the murder capital of america, police asking for the 12 percent raise. but we will begin with a massive snowstorm affecting 50 million people blizzard warnings are in effect means through new york city in some locations are expecting between two and 3 feet and not expected to dissipate until sunday. officials asking everyone but the essential public workers to remain at home and governors of new york york, massachusetts and connecticut and rhode island already declared states of emergency, widespread power failures are expected including flooding in the high tide, airlines have canceled 4,000 flights through sunday and amtrak has suspended all train service until further notice any urologists are comparing this to the 130 years ago, 1978 -- 30 years ago ago, 27 inches in providence and the aftermath was devastating. that kill
dime. barack obama's promise to the nation tonight that it is not a bigger government we need, but a smarter government that sets priorities and invests in broadbased growth. the upshot from that centerpiece remark planned for a little more than one hour from now. the president of the united states is not going to go crazy cutting down the debt. in fact, the white house indicates today that he is largely -- he has largely done that already. the 4 trillion in budget cuts have already been largely committed to and for, and that is it. needless to say, 4 trillion is over two years, and the president's is factoring in the sequestration cuts that supposedly taken into weeks, and that is no slam-dunk. and the other cuts he is referring to are sort of rehash cuts. suffice it to say that however speeches the left, then there are the cuts. after that no more. the president's battle to rein in the debt is done. and this housing big and bigger government is on. and if republicans don't like it , lump it. a little more than an hour from now we will hear a president espouse what he did a l
strategy, it did program to fight attacks on government and corporate computer systems, especially computers in the nation's critical infrastructure. recent cyber attacks against the "washington post," "new york times," "wall street journal" and twitter have highlighted the issue, chinese hackers suspected in most of these attacks, but building a unified national cyber security program has been hung up by concerns of some companies over their privacy and customer's privacy, protectionn3 of their intellectual privacy, backdoor government mandates and liability protection for businesses that share computer security information. as a result, the government is moving cautiously with corporate america. >> it is your framework, not ours. the goal for the private sector to produce security responsive framework to proceed. leader: to get the ball rolling, the new executive order would allow government intelligence agencies to start sharing more information with companies on a voluntary basis but the government itself updated its own standards and the administration is seeking legislation
of reef alty. >>> more states could be right behind it. >>> plus, the government giving away free cell phones to low income americans, what could possibly go wrong? a bombshell report reveals a special program rampant with abuse. more "money" coming up. ♪ . i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for berculosis and discuss whether you've been to a regio where certain fungal infections are common. you should not start enbrel if y
small business and basically how government is getting in our way of growth. melissa: do you think they believed you? how did you make your case? what are they specifically doing that's slowing you down? >> well the big thing is access to capital and the regulations and the policies that they're putting in place but more importantly it's more about the indecisiveness of what the policies will be. they continue to kick the can down the road fo six months to a year and i have no idea what my taxation rate will be next year and i just found out about what it will be this year. and when you talk about the affordable care act, there continues to be waivers, exemptions, changes and differences in the policies that were originally very difficult and cumbersome to understand and now it continues to get more difficult. melissa: one thing that sound certain you will have to pay your workers more. you own and operate 12 franchise units. you have 4 fran chiees. you have mrs. fields famous brand, pretzel maker franchises all kinds of things americans are very familiar with across the country bu
extending the drop. 4.3%. prices dropping to the lowest level in nearly five years, following a government report showing you less than forecasted last week spewing we have mark sebastian and our market panel. kimberly fox. i would like to start with this. don't let a tight range, although the dow was in the 68-point range, but don't let this narrow trading range cloud your vision of what happened. what happened here today? >> you know, we have continued through this trend. it is no longer by the market. you have to be smart about compilations, tons of action out there in individual equity. hopefully getting smoked today, if you are a good equity kicker, smart about the stocks that you buy, you will do great. if you're bad, you will lose. this is something we haven't seen since the financial crisis of 2008. the great time for the rest of 2013. except a nice tone for how traders should approach trading. you cannot just say that the stock market will go up because the s&p is coming around. there are stocks moving within the s&p 500. >> let's talk about gold. for while you couldn't lose. but
and improve our infrastructure, but not by raising taxes. there is plenty of money in the federal government. it is time to find ways to spend it more efficiently. dagen: congressman, thank you very much. that is not the idea that the president throughout their last night. congressman of montana, take care. thank you for being here this morning. connell: another thing we heard from the president was a shout out for apple. the company announcing plans to bring back a new factory jobs back to the united states. connell: let's take a look at oil. 97.45. not moving much today. we will be right back. ♪ i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk inclu
to the average person? why does a huge government debt impact businesses? >> at the end of the day, the issue is there's so much debt on the government's balance sheet that we have to cut back on spending as well as stimulus, and when you think about the dollars injected into the system, some of that will be cut back as well. that's the concern in terms of it doesn't have a question mark on the consumer and put a question mark on how much investment is put forth. >> they are already connecting the dots saying somebody has to pay for a someday, me or my customer. interesting that 68% of u.s. ceos say building a skilled work force should be the government's top prior pickups. what is the government going to do about it? >> they don't see the long term skill set creation to ensure stainability, and literacy or lack thereof, the big k-12 grades are the challenge. how much do i have to continue to invest to supplement what basic education and schools system, should be doing today? >> they are looking at what they have to do to fix the problem themselves? >> yeah, companies think, listen, i'm think
up, but first, risky federal programs. by that i mean a new report by the government accountability of this unveiling the 30 federal programs and operations that3 have the highest risk for race, fraud and abuse, six of which have been the lowest ever since it was first released in 1990. with more on this demand editorial board member of the wall street journal. my question was, only 30? >> that's right. this is only the latest lesson. if you go over the reports from the last ten years are so you're going to find literally hundreds of programs that have been on the watch. by the way, i go back to the early 1980's when you have the famous reports of the regular administration that found huge events of ways, many programs still exist, and the reason i think this story is important is we are coming very close to this point where we are going to have these automatic across-the-board cuts of about five or 6 percent in his domestic programs. the agency heads will say we can't take these cuts. it will require, you know, cuts of valuable services, and vatican support for the american people
to extinction for the planet and we can't do anything, and doesn't mean the government won't try. >> brenda: john bull or bear. >> brenda: okay, out of this world. cavuto on business is next. >> neil: all right. television, you might want to run for cover in four years you could have some major competition. hi, everyone, i'm neil cavuto, glad to be back, thanks to my buddy charles payne for all of his heart work. and uortunately ratings while i'm out and more i'm going to deal with him. and first to this guy and what i sense could be coming right now. the star, just hit me when during his state of the union address i heard this. >> nothing i'm proposing tonight should increase our deficit by a single dime and i instantly thought of this. all the work it does, this machine should sell for over $400 you know you're fot going to spend $400 for it not 375 or 350, all you spend for in fabulous machine and over $400 value, all you spend is just four easy monthly payments of 39.95. >> neil: we found a better deal. the president's pitch won't call you four easy installments of 39.95, he says it won
and of using your tax dollars. hooking people up who did not qualify for this government program. dagen: did they bother to check? talking about the cell carriers and skip the charge cards, use twitter, the new deal that will let you tweak your payments. connell: that sounds a little dangerous. we have neil cavuto talking about the state of the union. with nicole petallides at the stock exchange and stocks, good morning. nicole: we are taking a look at market, 13,999 and change and 14,000 on the dow jones industrials and certainly have a lot of winners to speak of which we will get to in a moment and the tech having nasdaq trying to squeeze out a gain here, the s&p sitting well above the 1500 mark. traders thought there would be a pullback, can't predict one of those because the trend remains to the upside and as we continue to have higher lows and higher highs, and at the same time nervous to go longer on this market because it is up so far so fast and talk about names that are helping the dow long, retail index, bank index, bank of america, travelers, j. p. morgan, american express are a f
of the union address in which he is expected to call for a renewed focus on jobs. of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expected to come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000 colleges and universities in the country if they follow suit. that plan may prove expensive and embarrassing to all those schools. we'll tell you all about it. we begin with the president's fourth state of the union address and his expected calls for more taxes, more spending, and yet another predicted job creation. a white house aide telling the "wall street journal" the president obama will call for spending aimed at creating jobs, nothing new from a president who has made this declaration repeatedly since he took offic
. the government is dumping money into solar and wind power. but is nuclear power being left by the side of the road? the industry faces daunting challenges with the government playing favorites. we speak exclusively with the ceo of westinghouse electric. >>> north carolina makes radical new cuts to jobless benefits that will allegedly help boost businesses. should other states take notice, or will it discourage unemployed workers? one of the state senators backing the cut is here to explain. he is brave. >>> a new king of the friendly skies. american and us airways merge with the biggest airline but will passengers be stuck at the gate? the head of travel north america joins us exclusively with a inside scoop. even when they say it is a not it is always about "money" melissa: our top story tonight, the newest areas in government that are officially named as high-risk for wasting and abusing your tax dollars. the government accountability office puts out the report every two years. and the one released just today specifies 30 different areas in danger of creating wasteful spending or eve
is exempt larry in many ways of bloated bureaucracy that our guys face. these are big, government insteads meant to trachsoldiers coming off of the battle feel and transition them, they wait in long lines issue they don't get the care they need, they don't have enough mental health professionals, all they face when a bureaucracy consumes itself. >> here is what the president, barack obama said, here is his promise to veterans, no one who fights overseas for this country should ever have to fight for a job, not just a job he is talking bhe is talking about basics, health care, a career in service, what does he have to show for it? nothing, how would you rate the job we're doing in this cntry for our veterans right now? >> not good enoh. because we have got over 900,000 waiting in line for their claims right now at the va, because the guy like this does not know where to turn, the v.a. provides 5 years of combat health care for a guy like this, there are ways for transition assistance but a lot of people fall through the cracks, the system is full of holes we pump more money into problem wit
levels of chinese national government investment in production, by 2020 under the direct control of the chinese government will be under the control of nearly a million barrels of production every day. sandra: rick, i want you to get in and respond to this. >> i think those are exceptions, but based on what he said, let's take down a list. oil is going to go to houston, which will refine the level. some of it could be exported, most of it will be used here. it will take several years to build, five thousands and thousands of jobs positive for the economy, just in pennsylvania and north dakota alone. it is huge. obama has given us sort of a true balloon. he did say he was going to, if the oil pipeline is approved, he would give the olive branch to the environmentalist to get energy research and development dollars out of the texas. the oil and gas industry is the second-largest payer behind the federal income tax. sandra: all this being said, we heard from both sides of the argument, does the president approve this? >> the interesting thing to notice the president has never oppose
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